The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Waban neighborhood has more
Russian and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 16.3% of
this neighborhood's residents have Russian ancestry and 3.7% have Eastern European ancestry.
Waban is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily
speak Japanese at home. While this may seem like a small percentage, it is higher
than 98.8% of the neighborhoods in America.
Notable & Unique: People
Some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 63.7% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
99.9% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
In addition, a majority of the adults in the Waban neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Massachusetts by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.8%
of the neighborhoods in Massachusetts.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates, families with school-aged children and active retirees.
Also, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Waban neighborhood is wealthier than 99.7%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Finally, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 97.3% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
Waban neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
Notable & Unique: Occupations
The Waban neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.8% of the neighborhoods in American. In fact, 81.6%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Waban
neighborhood, analysis shows that 12.1% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
96.4% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.8% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Waban neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, one way that the Waban neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 70.8% of the residential real estate in the Waban neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.